vj-.
Wt ' v. fc jtP
' :v4"l
Me-
M
flATflwL crry LAMPj
CUit of
Philadelphia
Improvement t"c Hands
Due IU3S
NON-CALLABLC
Tax free in Pennsylvania
and cxmpt from all
Federal Income Taxes
Price JOl's and interest
liclding itbeul 3Jf!i')ec
' (' u a i rf--ifif
The National City Company
Philadelphia 1417 Chestnut St.
Atlantic CUy Chalfonte Bleck
1223 BeardwalU
mm
Price Chart
In connection with our
offering of the new City
of Philadelphia 4 we
hae prepared a chart
allowing the price? of
Philadelphia bends ?ince
1900. cop will be
gladl -en' upuii request.
.i
Harris, Ferbes & Ce
Pine St., Cor. William
NEW YORK
PHILADELPHIA OFFICE
Widener Bldg.
Telephone Spruce 7040
ir-
First Mortgage Bends
Te Yield 6.8ecc
Secured by a direct first
mortgage en all property
of the Orange County
Hydro - Electric Corpora
tion new owned or here
after acquired. '
Through a contract with
the Orange County Public
Service Corporation, net
earnings after all operating
expenses, maintenance
charges, taxes, etc., are
guaranteed for 50 years te
be at least twice annual
bend interest and sinking
fund requirements.
JT'nVi for Cirr i'ar
Hemphill, Noyes 2k Ce.
Nmbt '0w Tort Stock Etchtnf
Franklin Bk. Bldg., Philadelphia
Ntw Yerk P!ttiburh Boiten Srriniea
UAipl:i Albany Syrtcuit BiJtlmje
Wilmiartea Hrtditpert
i
t f !
E. H. Rollins & Sens
renndrri i;r,
Investment Bends
742 Che$tnut St., Philadelphia
IMlHll. llf'll-t 1(10
le . 1 ,-. 'I ri.fla r
.! t ,l
Southern California
Edisen Company
5 Bends, due 1944
The . ,u -st" ' f '. . '
Up lr I'" -i " li'"'
Necrd f en '! a'
anil ; ,tl i "n i"e -i
out pel. i lei
no tin . lias r .
ii.g iai I'd ' '
pr "in.-' t " -i.
Ill the r.--
are ,i' ,. ,!,
time h- 'Mi i-ttr-s'
,,:b.-
Price 95 and Interest
Yielding about
5 A(e
V
,e
iifn - p
r"i
T17 E want your
V business and
will appreciate it.
Conn and Set l's
Tfiit
Pi
National Bank
in the ( enter et Thing
Opposite Itread Mrtet .Station
Organized 1G3
M.
CONSUMERS
POWER CO.
1st Lien and Unifying
Mortgage
5 Geld Bends
Series "C," Due 1952
Price 92 1-2 and Interest
YIELDING OVER 5 l-2cc,
Edward Lewber Stokes & Ce.
20 Seuth 15th St.. PhiU.
Spruce 7753
Ininuiiinnniiirn
KALLTirib nfflr.lt
WAS FOUND FEEBLE
Spurts of Strength in Ralls Fail
te Overcome Increasing
Selling Pressure
New eU, Oit. 2.'.. While tlur-tna-liei.i
In t'iiln. a sierk miirket werp li-s
li1ent fhnti in -eiiic of the ItiiniPillRte
mri'illti'- pseiii reiMilrrnlilt" lrvcc
tilurtt.v ('iniltniPil te mark julce mow mew
incut. l'lirtliiT H'llhic iirt"urp wit
cwimiiti'p il :n ilitTi'rriit quarter" of tin
1M nml il.e rnll.iltic power of the yer.
r.il mnrki't was net miIFu'Iciii te over ever
i tne t'.i" nieri'ii-.iig i'llit of the sales t
(iv both rnveiilit-. i
I he BPiierul iirugrnm hevei little .
nl'irntlen from the eeiire folleweil je--
teriiuy .itnl Meiuhiv . After n --hurt 1'f
rleil of strnicth .it the outlet lirlees lie
mii te llile off ngnln all iiIeuk the line.
Tli' reaet!er.at nirrents were turned I
ter .1 brief time In a frenh nihanee in,
the ruN t.inlt'i the lead of Urfiflimj.
wliti h ptnlil!htil a new (teak price for
tl.i- ve.'ir. The i-i .'everv however, lacked
.inliillti n iip.ur from the mvpim
eperatliins of tl. herf interevt the de
ni.inii eiiee mere unx found te be .
tremelj limlte-i. nulliutltiB nn npprir
ent e.huu-:ien ..t iuiMi.R power built up
tii oenntTtioii ii'i 'he recent forward
tiiiiipine'it re-iiilt. is from declaration" e( ,
-teek dUideinN .iie r mi'T'i of the .ame.
In.K'tleti of vine nf the recent pooh
mil vppculntlvp ci'ivbiniitienx wa one ,
of the meie enpte .- .- development i.
,t there ni iitt'.e ptTert npparrntly
made en the fir of tin" 'pec'tilnttie
ititere't te mih up Ineir taventes. In
'eti-iitttti e the withdrawal of thi or er
pmi.ed Mipjiert left a t utiibcr of tin"'
ppetit active im-iie- in a vtilnerahli'
pmiti.iii. and tie r'-i mi? l'iii.im-- of
.iii-n li-iider-. nntiirnlt, of!et the strcHRti
,-i ether part- of the Ut.
T'ie i-.'iu'Kint; of tie n. tin Unly e.'
Mu. U left little ilmiU' a te the weakci
e. lniefil pe-.it Ien nf the m.irllet, whii h
n turther evidence ..eiiinned in H
m -l-iitneues- (e oilteie i M.Mit. wiiiel.
Leretotere were ignore 1. Thin was
ktrfMiiy mdiented in the vjmtnithetie
.itl leu. e of further we.ikne-. in fore fere
e.n ex. hniige nnd bend price. The
lea. t'einiry iciditien of the market
wa liberalh r'mirjted te tie n. re nu
i;r.ivi oper.itienx of tlin rfuc'ieii.iry
parti Short helling undeubtedlv win
partiy re-spensible, but tlie mariiet a a
wl.elec.ititaini.il an eleimint of weukni""
Lint could 'x' inl"-:nken. A in the pr' pr'
eedinc M-s.iiiiti'' tlie bear p.irty were
-U'Tes.s'ul in uiic"priin; further wim
-pet, tli" weak -i-ter of the nioruin nieruin
b"ing P.ivl-en t'hemical. whieh -.lumped
n.ere than ! jieintM te a new low we we
erd. f)nly a few month-4 iire bullish
enth'.'ia-t-i wre speaking of the. "tock
jS a:. 't.icr ta'ldurll Oil.
Commodity Markets
GRAIN MARKET
( liic.iKe. '- -.". Whe.i
' ereil
n.-nlerati- pair.- m price
tni'mv (1 .nnc
tl.e ear'v deal 'i;-. in uni'Tppc'.e 1 ad
vance at Liverpool tending te revue
bu'llsli tJ'n1 tnei, here. N"etie was
taken also of rM'ert-. that lm-k of mois
ture Weit ..: r ip Ml-iaippi would re-
duce. te a i i.iteri:il ettent. the acreaRO
of winter wieut and would Inippir tlie1
i fa'l prenth "lditu n. Trad.' w.in of
fairly geyd volume. The eiieninc whi'l.
rnnge'l frmn 'e re !c higher, with l'e-
I'-emlHr Sl.ln's te '-I 1ir"-. and Mnv,
. 1 . 1 1 te SI. II -4. wa. followed by
'-etnethins f u setback and tl-.en l a
, rise te slislitl above tin initial raise.
r'em nnd i at vr snirncil bj the
aetien of whent. After epeninK tin
chansed te c hisher. Deeembei CTi:,,e
'e tl."1.. . the tern market --iipged a lit- i
tie. imt Mien rallied again.
Oaf- 'tart.-.i ',. nit te ' ,e i.. Ie-
emlje- Pi1, underivert a -lish: Ren
ral --.'thhi '. and Liter -heupii a new
upturn l'n. y'u. lacked support.
-' i v Ojk"i
' !! tl
ifsa .c.i-4
;-
r,.,
.'!
1 'OK
l.tl
1 i i.l v j
il5 !,
. I1,
l.lli.
1 i'3'i
.40.J
l .
'. -.ffl tOf,
i:t )i ip;
V t i
se
n.tt'
1? M
COTTON MARKET
New erh. Oi'l 'Si The enltOll :, .1-.
'r . n '.I'd .: .d ,i" i 'his un rnu.j
' e '. n r ' i ";.'in' :i .uerioel
.T'.'-i a"'! lea-y profit -inklns I" m.itu
0 -he . ' ' r ! ng .tlie en.eil d
1 '1 e ' .idti" i r ic.'eunls ur1 M'd
' ,e -Jl-eeu lev.'1 ( i I'liltlS prlCCP i-hev
eil JUlrs ef ,1 ' 1" peitlls, unij the
JitT m.irket lirin'd up furtliT. u.'.
I-enths S' or l g r v llljll levels; f. r tile
;enr. I r-n hliiK -1.17
tiinnlns e'" '''''.',().' bales e (i. -e.
e
enstifify a
. iV.-ci-f.--;
li s w-.t'--
nr fn i . r. e
1 i 'i ', i n"1 With pre. Klieri.e,
r. ss .11 0 nef
trn-
ir.arKl
' -ar,
' .in.
'..le.'i- ni I
v 1 1 1; r u
i prei.- , :i
li i - tr.
'1 ' . .!
N. w- i ir'-
r- " r tnia rep rl no- r.
'hi statement made r : ..
s.. ii' hern Miot ad". ' - in
- 'i-Mile maik' ti i-ii t
i.riiHstun-liu :- b . . ,c
HI. 1 Iverpoel I 'e.i 1,1.1.."
ri - ire houses n. d .' I . ,
- 1
TO
NEW YORK COFFEE MARKET
Sew nrli. et. Je '1 'l! ''ITee I-t-s
nin rl t rpened . -'.ungni 1
.m er this f n ' 5 tne i.ur
beliiniK f-tendj
eti. und'r I''.
pping H P'j. .I'
ll li
S'i .re
tn. fin
.slrpfein- i
oil
H V2fflt
' -a a i'i
t vi f, :
DIVIDENDS DECLARED
I .
.
hi
if.
lJv
I"
M r m . i
i .- tibi s. a -
' .'T 3
r.o'e I''."
r ( J r:i f- '.' r
I .tf. n! l.'irl ' '
i , i.r'f ' ' "'lil t .
u-r in' r t.a a . i
.. ,rd ( 'ter '.''1
rr, rlrfcn Hal tt N'ft'
.1 N ,
.. 10
l-'T ) 1
ii - r l
TL
i'i
St c
mij
iuart'
fl i.r rr.mni t piub N ftiubT IS tj ipe.-k
C io.erl N iernl"r 1
n-anwi h Ji.i it t ' . -ni; ''Tnr.nry, tiur
'.-'v l rT '''n 'fi e. n men payabl S' ..
Mrr.hei 1" ' i' ni "' " "' I '.'imtr "
i,.i-tri. htl'.rH n. . 1 !- u 1- I'eini i
.i.ul'-i - rT el '. '.i I.l'fPT.'ii, t'.-i) il,
J .'"IiiIit 1 i" i'i" '. tf ' ' rl eni'.i 1 ',
h -l Itail'H i rniiir li .jjari.!! 1 14
I ,t "ni un Mr hi i i '' r . I i i, 1 1, i) i. niii
1 i,m.i.. il 'I v "i i-ni' ' r 17
Curb Membership Sells at Recerd
ei erk, - i ' ! V - ,i)
mar " m 'i i- -' - - l ' ' a i ' ',;i
,, i . ' . 'i 1 1 1 . . i . ' I . , K .
- .; , li ' hi l - li
l ililfinU
Mil, MMII N VTION l. IIXMv
I'tlilUtll-lllllIlt
. ) ehr 2. "ill.1
1 , iiimri ' lire, tnr-i bi h't itaj 1.
1 nrfl a fwinl-iinnniil illvldrrul uf ten 1IO1 per
tent. irtVi.ii Vevrmlwr I, litis. . h' .
I, I rr ' r- t .1 al II 1' t (1,1 bar S'J
10. J h" K" tnll'l 3.i0,l)00 00 tn.
hi-fi aiM.sl te aurplue, tnaklnc thJt fur.J
1.230.000jOO.rN, a eemTKVOKN CaAlatv '
e
EVENING PUBLIC LEDaER
NEW YORK STOCK EXCHANGE TRANSACTIONS
Onty Afttrnoen Repert in Philadelphia Quoting Full Lltt
Viv.
lidO Net
P. M. Ch.
neH f- a
17 - ..
02 Si - U
8Ml Id
STOCK ll!h
Lew
80 H
17
62J.
14
IK
83 f4
47
9G
34
42
39
77 94
71 K
1 1 US
185
G
26 H
110
90
33 9i
121.
37 U
127Ji
121
48!,
8i
21 H
GO!,
103
98 S
43
77?;
35 54
60 H
122?i
3'i
1601,
157'i
50
9B-i
51 '
1
59 H
118
103
93'4
2'i
119'i
27',
154
34 'A
'a
14,
135
5.4 S
3(
41
73',
101
112
9B3;
119
17'n
1J -
121 '4
GO
102
49
7',
32;
9.
84
59
8',
57
145
39 '
78
238
39 1 4
60 la
75',
104
2H
6i
31 'j
48',
91
84
44:,
01 'j
20
2--"a
65 2
7934
.10",
48'j
62",
110
2'4
484
44
69",
381
824
141
103,
97',
127
48",
e2;
22'a
13
37
29'
?2?4
13G
1384
112
33 V
1554
86
56",
86'4
116
tD'i
24
)4',
'00
1 1!
Ol
"'S
21'j
74' j
"8,
91
103
tee
. . Adams express.... my
.. Advance ltutncl' . '7
4 Air Reduction 02 U
. . AJex Uubber 14
. Alaska Juneau O M t
4 Allied Cliem & Dytj. 83
4, AlllB-Chnlmers .... 47
7 Allls-Chalmers pf.. 93
4 Am Agrle Cheni.... 34 U
.. Am Heet Pufar... 4?4
. . Am llesch Magneto. 39 H
4 Am U Sh Fdy new . . 77 ?
Am Can 74
' Am Can pf 11154
12 Am Car .t Fd 185
.. Am Chlclp 7'.
. Am Cotten OH 26
7 Am Ice 1103;
1 Am Ice pf 90
.. Am Intemat Cerp 33 1
1 Am l.a France l'ni; 12'
.. Am I. Indeed 37 U
0 Am Locomotive.., 128'j
' Am loco pf 121
3 Am .Metals 48',
' Am Safety U.izer.. BJJ
.. Am Shle & Cem 22 K
. . Am Kme't G0J.i
T Am Smelt pf 103
'5 m Smelt See V .. 99
200
930
100
100
101
zee
700
100
100
100
7300
100
200
GOO
100
100
100
300
300
300
300
300
100
1400
.203
203
100
GOO
300
800
1100
100
100
:oe
tee
ICO
100
tee
400
.no
200
1103
00
10)
no
JOJ
200
.100
100
JXO
100
100
-ItOD
2?00
800
100
000
14
1
U3?i
47 -90
34 ..
424 -5
394-
77-14-
71 'i -
1 1 Ha
185 -
CH-
264
110 1-
90 -
33 ?4
124 ;-
J37V, -127JJ-121
48 J'.
OH-!-
22K
00 V, -
103 -99
-43
774
36 -6014
-i-
12294
31. 1601,
157 94
50 9834-
Sl'i-
1-
59 -
118',
105 9i-
Am Steel Foundries 43
. Am .Suuar Itef 78
. Am Sumatra 37 li
r. Am Tel & Cable GO'i
Am Tel & Tel.. ..122fi
. Am Tel & Tel its . . 3 '4
1-' Am Tobacco . . 161 !
1- Am Tobacco n . 1 37
. m WatnsUs 1,'c it 50
7 Am Woolen. . .98
. Anaconda Copper.. 51 '4
. Assets llea'lzallPn.. 1r
4 Ame Dry Uoeds ... 59 '
C Asse Oil 121 H
15 A teh Tep & San Fe105Vi
5 Atch Tep & b' V pf 93 1 4
. Atlan Ulr & Atlantic 21i
T Atlantic Cudst l.lnaUO
. . Atlantic Fruit .... 2
Atl Gulf & V 1 S S 27 '.4
.. Atlas Fewile- . 154
.. Austin Ntcheli .. . 34 1 i
Vute Sales :en . 4Vj
. Aute Sales Cerp pf I4S
7 IUIdwIn I.ocumetI'j1373j
Ualte & Ohie .. 54 ai
.. Hani.dall C!a5 A . it3"j
4ic lleechnut IMc. .In? 41 .
r. Ueth Steel H . . .. 73 i
7 Bth Steel 7C, r' 101
4 Heth Steel '. pf . 1 1 2
7 Beth StUif new S 10 98 '4
ii Brooklyn Kdlsen .110
Hklyn ItapUl Iransit 17 '3
liklyn II T ctf 1r'j
S Blt'.yn Union Ga ..121 '4
. 11-own Shoe 61
. Hums Bres pf 102
- Burns Bres B 50
.. Butte Cep & Y.'.r.c. . . 7'
. Butte & Sup Cep. . -2
Cadde Cell O .t r... 'j
California. J'acl.'.ns F4
. California Tetre'i .. C
. Cal Zinc and Lr.nl. fi "
. Calumet & Arle-.a '-7
13 Canadian Pacific . 146
. . Central Leathur . . 39',
. . Cen leather pf 78
S Central of N J 29
. Cerro-ile-Pasce 39 t
C Chandler Mote- G1 '2
A Chesapeake & Oh e. 76
6', Chcvapeake & I'I; nfl04'j
Ch'. ae .t Alten . . sn
CMcace : Gr HVj' i
'1 i Mil iSt P . -1 '2
. Cl-I M & St P r.' B'j
5 Chi & Nerthweht-n. 91
A ci-U2e Pneu Teet 84
.. t.lu It I & Pac . "4 '8
U Chi n I 4 Pe 61 1! 91' j
. ""!i' Copper. .. . ?"
.. CNr.i Copper .. -7fs
. " u tt-l'eabedy . . li) ;
t 1 'oat-ceiu . . rc'j
. ' el Fuel & I'ei .. 30
." Cel & Southern.. .. 48 '
4 Ce era.la & Se lit p" 62 '
6 Ce -m Gas f- I'lee 1 1 3 4
f'elum (Jraphiitihene 4
93 U
21
i-t-
119'S
2
27 i
154 -
34 'J
41&
14 SJ i
15 -
54-i -
3G
11
73';
i-
100
100
100
100
100
'00
200
soe
200
900
700
00
00
100
:oe
1000
100
cce
100
400
300
200
1000
1000
1600 (
10)
100
0?
1100
tee
100
d00
100
tee
tee
100
3000
103
100
100
400
100
100
100
100
100
100
1 '!.')J
7 '00
lr,00
000
3J0O
500
00
60j
100
10300
200
300
200
200
.1200
300
100
J200
30J
200
W0
10U
03
00
'00
-00
100
0D
'.JO
'O'J
'03
290
'00
200
.600
:oe
400
tee
00
zee
m:e
200
2 100
103
'00
tee
no
1300
'J
100
'00
400
00
i00
tee
400
100
-.-50
87.0
200
100
7..JU
'00
00
QO
0 3
101 :
112
08 ?4
119 --
17', -'r
15'i -121
'4 t-
bl !-
102 -t-49
7.'i:
32 !i -
9?a-t-
84 -
59 -
ai, -57
-
1454
39J. 78
239
J9'i .
-
104 -2
31 ' j i'
48'a -
91 :
84 -44
7, -
91 !i
25 -27
S -65
'5
80 -
30 a, -.
48'i-r
62?. -f
10'i J
?'i -
48 H -;-
14 -69',-J8'j
-
62 '4 -;-
I43'4 r'
1 1 4
57 1, -
127'J -
49 -82i
:
'2!,
-
31 SJ -
( e". .solvent .. .. c-j
Cem :Mvent B 44
r 1 emput Tab Il?c 70
Coi.eI Clear. . 28 '3
Cen Clear pf. . . . D2'4
S Consolidated (,ns . 144
. Cor.sel TcxtU"! . . Ill,
Centnental Can. . 98
4 Cerr Pred'i."- R.-f 127'2
Coden & ' e . .49,
. . Chic. bio S'erl. 82 "J
. C it .in Am S ipa- . 22'-!,
r t.t. 1 Cane Sucar . 13 1,
. . f " ib Cane .'jpar pf 17
Pa len Clie-j.iea! 35 H
I- h"crH C Mln I.t'l 22?
3 D- v.-ari & Huilenl33'j
.5 I'e l,aclt & West 109
5 I3e'-elt ndlsen 112
; I- tr- Mln"e 30 ;;
S I' j Pent iK I ) Ce ISA
5 i:a"nAn Kedal ... 06
3 nc Storage Bat... 57",
5 I5ri'li'.ott-Jehnson . 87
7 Ki ill.jti-Johnsen pf!16
. K- p 1 5 ,
. Kid! 1st p.' 24
S I'aT.eus P ayers I. - "-5
S Far "'is Players jf 100
10 FlBhfr Bedy M'
S Fif'-er Bedy of O pf 9Z
22 5 --
1 16 i -:-
1385 .
11? -
3 -I'i
6 -
57 1, -;.
RG ' 1
110
13'i .
24 -94
y -
100
41 -
93 -:-
12-1 .
24'J 1
74 -s -791,-91
4 J.
79 -1
80 4 -
10 '4 -141,
.
7', -03
i -84
,
9
93 'j
35 i
15 -
8i 34 -
2? -:
81 '4 '-
20 S
5!i !
1 1 3 ,2
4i ,
30 ',
!4-
I
33 -
12 -
i5
1071-
1 3 ' ,-r
E5 -
I5S -TO'i
-07
;.
"!. f
49
21
52", 4.
H
?2'i
57
4
103
43 :
, . F''rf I'.'ibber
Freepcrt Texas. . . .
3 G'en Api Tank. . .
. . General Asphalt.. .
fi Gene-al Asphalt p.
6 G'ne.-al flftar. . . .
8 Gen n'."Ctrlc. . . .
. Gen r.k-c WI pf ..
. . fVenral Meters.
.. Geld'vyn Pictures,
i.oedrlcn B F.
- Goedrich B F pf
. Granby Mlnlng
7 Great .Verthern P'
4 i.rt North Ore ctf-i
.. Gulf Mobile & Nfttt
. Gulf States Steel .
. Hiblrshaw Elctr!e
7 Hartman Cerp
Hendee Mfg..
Housten Oil .
j lludscn Moter Car
Hjdraulie S'.ee.
7 Illinois Centra:
Indtahema Itef
2
4",
92
79 .
90'..
0:
'4-,
n
130',,
iej;
14',
7'.
33 j
84 ,
' ' ' .'
.14
"9
85..
84
79 ;
20
13',
4.,
36',
; j
84
22
24
2'J'i
. Inspiration Cen
Inter Cen Cerp
op -.,
',
. Inter Cen Cerp pf
Inter Arlc pf
. j Intemat Cement
2 Inter Cem Eng .
j Int Harvester r.en-
Int Mr Marine
6 Int Mer Marlni r
Inter Nickel.
International P
1. Internat Paper p'
Invlnclb Oil Cerj
Iren Products ..
Island Oil
Je-rcl Tea
4 Imes Brew T'
KaiKas & Gulf
02
25 94
'071,
'3i,
r4x
.4
07
25 i
?
57
'7
49
j-, Kan citv Se.U
- 1 Kkh Cl'y Se r '
. j Kayser .t ' ' in
1 j0 i Ivaysir & Ce r.--r p.'
'00 . Kelly-SprlnBtleii
22i;
VI
47
103
13
4,
101
1
LIVESTOCK QUOTATIONS
fhliaae, 'k-t. 113. HmOS- r-.'P.P 17.
O'e 1 a.J Market ver ii,e-r- .-Pel unl
u, ..,-er thi Tuei4' ." fiw 170 te
Jg p.jnl Kveref. lOlOli&l- rM t'ltrh
h'h y vilenilly. 0 30iI', SI p !6 40
around S" peur.Js fen.l.f trade alew, no ear i
a.. ah.fp aruiind '..a1i.
ritt.biirxh. I'ii,, ! ;; HOOSJU
r'l)!., 1000 head 3'iMd- Haaviee nea
I'nir- Ufh- ji-irkem and pica, 110.
Mil'El- A.SD I.A1I1H Itereleta. lOtyj
had, Hlirep. j-,, ate-tdy, lamb. 114 re
.en fr
fALVHH -IlM.ipt., 210 head. HfaiU
Tep 114
Knit lliirTftle. X, ., Oct. 20 C.VTTI.f.
H"'et-' 42", r..l Slew, loner, filv.
r -1pt. Sen lien 1 t-teady. JBTi.il
llfBju -Kc,pi. H.'fiO tiead, Mi.' 1 0 f;
1" ,r.r- iv (II Vl?! 0 70; Illl'l 5''"'
tf f fcr. '(. S'J 7,., Ilellt vnikri 11 ,
I ft n -i.iililiCi 1 nine. 7.7J1;m, ..
J ', 't ! " , .
If I I' ".Mi I AMU-. lerelpm, eon he . 1
I nn t,s . I- si -r f) I A US
' v r ii-u.riir bwi uh'.i .. e rj -i iii-
r. hk iii'rru.. 0 n.iiy
nf js nr. ff
1. 'i i,...l urn P . X n It f 3 ' a Ji.fi"
'.ft' .ijfhtf . Jinafi lr., pac t h rr n-n
IT ( ti k il'i packliiit e r i- JTfOtf
je 1 it. tUfflfi -!
. V T I. H'CKlptii 1 1 ''"
r at .. (..- iti-PTH W'i'i'iin. 'ft.
. ii (ttieiy 1 " 'n
.fc . I I M'llV Pi 1111 I I 1
! ,, -', nl.t.it f-" "I '
1 ., ' , V'i'lt'.rri KI-H1
-.en ,
1 nh
h .
I
.. !, 113 5. "- 1
n r .. l,.f Ht-ra ' , . 1
urifily ai Ji' tf ' . 7 '
I . din unnv 'J' 1 J '
luiirtti be'ign I 1
.. ,.i bldrtlnc 511 I -
r in., i-i talt.tiir f 1 1
1S
r 11
if Mi
ib t.i
1 W1 Ht
Monday Ceal
"1(1
Minelitnctnn.
ui.r.r nre pta lenen 1.
ii '''entrj kad nae en Mnn ey na ropertad I , ,
' . 1 ' ii'ly, 1 ' tr air '-- diiinrr. r.f the American '.a
butehura, ' way Ai. ai ' n ivtr., irreater than f'.r a. -,tara
laniba ener da . arverai ieare. The output uu
V -e deublee 43.243 ari. Anthracite leadod am6U''-il
, r ir', ealea fa' la
ea y ,0 nattvaa, til til
!4 4r. te packer. H eara M
til 30 with threa deublei cut
ii. ., . U'..l.rn 1mh.
ey PUUHU !-' ., v-.j-... -?,
letde llriM lamba 118 fid
ii.eui titeii'i t-Bva car, an
avaratlat mum eutnil fir
PHIJDADELiHIV. WEDNESDAY. 0CT0B$3k 25, 1922
Dlv.
Bt in HTOCK Itl1i
1200 .. Kcnnecett Copper.. 34 94
100 .. Keyatone T & R.... 094
200 7 Kresge S 9 171
1700 .. Lacltnwanna Hteel.. 82
100 7 Laclede Gas of St ti 88
100 2 i,co Rubber (2594
6G00 sy, lhlB!i Valley 71 lj
200 8 U Lima ijcometive... D7Ji
7500 ,. Ix)cw8 Inc 20
400 1 jft Candy 12",
100 7 Loulsvl.le &. Nfl8li..l41Jj
7700 . Mack Truck 5D
100 1 Mack Truck 1st pf. 9Hi
200 7 Mack Truck 2d pf. 81J4
300 , . MaRina Copper 31 (6
300 .. Mnlllnsen Ce 34
200 7 Manhat Ulev Guar. 55
150 . . de Odd Letn 54 ,
100 . , Manhat Kiev ctfs. . . SI !.
1703 2 Manhat Shirt 5894
200 e Mar St Rwy pr pf.. GBJfc
300 4 Marland Oil 37!',
200 .. Mnrlln Rockwell... 15U
200 2 Martin Parry Cerp. 29
100 .. Mas Meters Claw A 5294
400 .. Max Meters Class B 13ft
100 s May Pept .Stores... 136
200 1 Mclntyre Mtnln. . . 1794
14500 12 Mexican Petroleum. 231 la
1 00 stcx Seaboard 16'
200 fl Mex Seaboard Oil et 1514
Lew
34 J4
094
171
8194
88
25 94
70 Ji
57 Ji
1994
129s
141 Ji
52
91 Ji
81 Ji
31 li
34
55
54 S
51 Ji
50
68Ji
37
15Ji
29
5294
13"i
136
1794
227
IG'S
15tt
28'i
129,
33 94
240
17Ji
43 Ji
21
57
21 "4
15!a
10 U
67 94
108 94
3S
15'.
81
37
48'i
904
90! 4
28
20
25!i
, 16
1?1 U
6',
4e'4
Ce",
11'2
59 1,
2'i
P3'i
38"',
1"i
60
494
90"i
90 'i
100(i
48 j
4J
354
404
47 '4
28'i
6
431 ;
59
38 11
19";.
80
88',
47 a
95 'i
105!3
130
45
30'i
117
14
84'i
54Ji
54ti
31
52 a;
85
58 !i
56'
1794
27 Ji
34 9t
5G&
2Ji
22
3S
6!i
85 !J
10
37J-i
33!4
97s
46 94
77
14
941',
25 i
69ti
I9'i
92 Ka
128,i
120 J,
212 94
I17H
81
6 94
5 3
53 "j
12i
115',
3a
S
' 4
9 'a
48 H
62
28
234
;2H
08
3Ji
60 Ji
13a
14QU
77 J,
36 ''4
151 " ',
1234
85
64 !i
88 !,
53 Ji
1061,
12?
65U
41 Vt
27
67
59
33
12 ',
1094
10 y,
sJ7
ItOJi
15
25
51)?,
112
62 94
12 Hi
23
31 Ji
48Jj
5',
10;
19 1 j
43
36
10 ti
li
2394
14
70J4
D7J4-
20 -1?9I-
141 Ji f
53
9114
81 J4 -31
Ji
34 -55
54 94
51 Ji
58 -60
Vt-V
37 -15Ji
,
29
, 5294 -j-
136 -1794-
228J'.-!-16J5
1594-
28J,i-V
1294
3394
240
17 ii
J4 -f
21
57 -
21 94 r
15!";
10JJ
68
108 94
3Ji ,
10 -81
--
37 -48!-99
Ji -
-30
-25
Ji -J-1G
121 Ji -96J-i-46
94 -86
94-
1 1 "$
09!i-i-
2!i
232 :
38 94-194-
80 --
50
91 5a-
?4
1.4
1
1
H
i,
'i
"a
'a
',
4
Ji
'. 100, 1! Miami Cenner 2flti
1 i5 1 200 1.20 Mlddle States Cerp. 1294
200 .. MIdvale Steel 33
18 4 Michigan Central. . .240
CO) .. Me Kan & Tex (wl) 17'i
301 .. Me K & T (wl) pf. 43(4
500 . Missouri Pacific... 21 U
100 . Me Pac pf 57
500 . Montgomery Watd. 2" 94
100 1 Mepn Moter Car... 15Ji
100 ;- Mether Lode Mining 10t4
1400 . Nat L'n & Stamp... G8J4
700 National Lead 109
300 . Nat It U of M I'd pf 3J
5C0 Nev Cen Copper.... 1'j
100 6 V O Tex & Mex... 81
100 . N Y Air Brake 37
1200 .. V Y Air Brake A.. 50 !i
010 I", N y Central 100
100 r, v y c & st l, ca pf 90'i
1400 . j Vew Yerk Deck.... 31 Ji
3400 . New Yerk N 11 & H 31 Ji
100 : Vcw Yerk Ont ,t W 25 Ji
100 Norfolk & Southern. 10
5800 7 Norfolk .; Western. 1 22 T,
1000 r. North American 97 H
200 i North Anier pf 46
2000 e North Pacinc. . . H7'i
200 Nunnallv Ce 1 1 Ji
100 j Ohie Fuel Supply.. 59tB
600 . Ohla Pred & Itef... 2
100 Orpheum Circuit... 2.3'i
600 Owens Het Mach.. 29
3700 . Pacific Dvel Cerp. 1 14
1900 r, Pac Gas ,t Klec 81 U
5100 3 Pacific Oil 50
1 G ' s pan Amer Petrel 93 !',
146 0 s pan Amcr 11 93 le
200 7 3'enney .1 c pf 100'i
t.100 " Pennsylvania P. It . 49
700 . Penn Seaboard Stcl 4'j
1100 Pcre Marquette ... 36,
100 Philadelphia. Ce . . . 40'J
2300 .' PhllllpM Pet 433,
800 . . Pierct-Arrew Met pf 2-
2100 Plerce Oil 6'i
10i3 4 PlBsly Wlesly Store 43 2
200 Pitts Ceal bd
1400 Pitts & W V.i.... 39' i
100 . t Pend Creek Ceal... 19'i
100 Perte Illco Tobacco 80
400 . Pressed Steel Car. . 89
7100 Producers & Hcf .. 48 'i
400 ; Pub Ser Cor of N J 95 'i
100 s Pub Ser of N J pf.105'i
2500 9 Pullman Ce 131 ' 4
300 . 1'unta A'ccre Sucar 45 U
1930 . Pure Oil 30?,
200 Ttv Stud S'PS pf ...117
600 .. Uv Cen Copper... I4'i
45300 4 Reading 034
100 2 Reading 1st pf 54',
300 l- Ileadlnfr -d pf IU
100 . Ttepleplc Steel .... 31
2503 . Hepub Iren A Steel. 53 'j
100 ttcp Iren A Steel pf 85
4100 : Reynolds Teb B.... 59
1!i '
jri
K
!a
1 'i
4 I
i.
2i?
Ti
1
'.;
4 1
91 1,
100Jj"
48 J."?
12
4',i
35 94-4094-47H-28Ji-
fi Ji -r-43Ji-59
38J4-19J4-I-
ee
88!4-i
47?,
95 Ji -
105J-Z .
130 -45U-r
30J4-
117
r
f
31 53 -85
-59Ji
56!i -18
27 94
35 'r
SGJ-i -
2J4 .
22 -:-
3"4-
r.'i .
85Ji-10Ji-f
37 Ji -33
J4
OTu -'-4694
i
77
44
94 14 -J-25"4-'-
19J4 -
92 'i-
128J4-i-
120H -
21294-
117'i J
81 14-!-
r64-
53 -
E3!4
1 28 Ji -
115Ji-
tr
2?4
li 9Ji
48 94
6214 4-
28 94 -f
23 94-32H-581i-83S
f
60 J4
13 Ji
16 9, -
148J4 -7714-36'4
15114-1294-85
Ji -64
14 -89
i
53 -
106H -
122
65 'i --
42
27 -67
-
59 -83
1294
1094
30 Ji
97
110J4
15',4 "
26 94 -r
SBJi-
112 i
62 H
121;,
23 '4 t
31 !,
48 Jj -
5'i
104
39 !, -!-
43 '
36
lOJi
j. 1
j 4
"a '
'i
1; .
3
'i
.ill
1 t
si
y ,
900 4. n Rejnl Dutch N T.
57
18
27 94
35
57 '5
2Ji
22
3fi
0!i
8G'j
10'a
37 'i
j4
9?i
46 4
77
400 1 ,f Jeseph Lead....
300 . P Leuis San Fran.
1200 t Ixuis Southwest,
1700 i-t L Southwest pf.,
100 San Cec Sugar
600 .Saage Arms
100 Saxen Moter
100 Seaboard Air Line. .
1000 . '-'1,118.' Roebuck ....
500 . fceneca Copper
m
3:
100 135'; Shell Transport .
68)0
Sinclair Censul.
1700
100
100
100
1800
120U
1500
200
100
100
3500
400
300
200
100
300
100
31400
100
100
10'J
430
00
00
400
5200
300
1200
2100
700
1000
100
45)0
3100
400
200
?00
500
100
390.1
1710
2 30')
;400
17400
400
0 30
2'0J
2)0
.'.00
200
2C0
200
403
100
500
r.00
7500
10500
200
100
300
20U
-0O
100
800
200
100
000
300
200
tee
SKelly Ol! . .
s'lfiss-siieflle'd
Sles-Sliellle d pf
Se Perte Rice Sugar 44
6 "southern Pacific
94 94
4'4
1
S
'4
. . Southern Rail. . . .
. . Southern Rail pV
. Splcer Mfg
8 Splc.jr Mlg pf-...
3 Standard Mill....
. 25'-,
. 70 3,
. 92 "1
.120tj
l Standard Oil of Call 21 i
0 Standard Oil of N J215
7 Stand Oil of N J pfII7i
7 Steel Tube pf 81 'i
3 Sterling Products... 5el4
4 Htewart War Speed . 53 U
1 Stromberg Carb. . . .
1') Studcbaker
7 Studcbaker pf .
Sub Beat Cerp . . .
Superior OH
Sweets Ce of Amer.
Ternt Cem A F "A"
Tenn Cep A Chem..
3 Texas Ce
1 TetasGulf SulphJr
Texas & Parltte ..
1 Tex ft I'ae r A O .
3 Tlmken Rell Br
. . Tobacco Products .
7 Tobacco Pred A
i'a
130)5
1 15 'i
6S
bl,
2
9'4
49",
63 1,
23i
244
'-3
59
83 7,
?i
IS
!i
1 Ji
Tel S & L A W p
fcOJA
11
Transcontinental O'l 14 '4
Union Oil.
17 J-,
10 Union Pacific
4 Union Pacific pf
2 United Al ey Stesl
5 United Fruit
1 nlted Rwy In-ei
140 9'
77 Ji
lb' 4
' ""2
' 1
'
1 Ji
United Retail Meri- QG
I.' S Itltl Alcot-n' r,1
U S Rualty A Ir r '10
i S Rubber .... ,;
. r S Steel . '07S
' 1" S' Steel j.f Ml
' 1 tali Ceppi r b5 "ii
Vanadium Cerp . 43 Jj
, . VaCar "' eini- ' ?J
, . Va-Car Chern rf 67
Va Iren C 01. Ce.cn 11
1'4
Ji ,
1'. '
'4 '
'j
'4 ,
"j
2', I
'i
'i '
2'i
6 Vftlrenf 4 r ;r .
. . Vlvadeu Ire
. . Wabash .
. . Wabash pf A . .
Z AVe'.ls Fare l -p
7 Western II . ;
. . Western Mar ur
83
'2f
10?4
V1Y2
97
110',
I5;
i7',
'19
112
62 H
1 1 Ji
3!j
II '4
A')
5'i
10 1
40
43
36
101',
. W Murjlaj .1
6 Western pi..-
7 Western 1
41 Westlrg I f.
Wheelinv A I
, . Will"-.' k A '
2 White 1...R .
4 White .'fi '
. . White 1
. . Wlcklre -;
. Willy " .
, . Wllset. a:
, . Werth I . .
1 Wrlb'tit ..!-,
.1
I r.f
A JI
MONEY-LENDING RATE8
M.1V YOKK Meney en call, both clum.j
' i-i .literal, opened today nt pv.r lent
- "r.dlnr and renenln.
I'IIIIIIKM'IIIA Call 0 Mr gent,
1 11 i ter iMiti commercial paper
ail. .nttia, 4'4 te 4tt per cent
BAR SILVER
i,,ver iTAa Hd hlcher Iti
34 .-ld
BANK CLEARINCS
I r.s 1 Irarlr.kH tndn. rtitiipnreil
hiu ISO, 000, tlOO il!),U0'l 000
T
Loadings Near Recerd Ninth National Increases
' J. 10 Hltlimlr.eui
The Ninth riaiienai iu enu
nil annual ei " '" '. "i
.." . nn a 'ii uer Leni nnnua.1
a -- -
ilia . ..!;.. ""-,- rat. of 1(1 it
,iu-i.i-.nil in pavanie
HafiiinaSL i vi""""',' i...- i.a. '
sepinrjr
erT.VK?lj6?S
Thn beard
rr rnrrirti . -- -- - -.. .. .
amount aqut 10 int i-,ki
any day thla rtar
fcrre'il 2S0.0OU t'.'" wa
eurplUi. l-iaivlnt: th latter fund
(.REGULARITY
THE LOCALMARKET
Interest Centered In the Penna.
R. R. Dividend Meeting
This Afternoon
1:00 Nat
P. M. Che.
34941- 94
G94- V
171 v 1
82
08 - 1
li
U4
!4
Ji
1.
194
1
494
Possibly the mero lntcrc-tinij story
nf today's local mnrket and tlie Imp
penincs in tlie local financial world will
be told nfter this edition rocs te press.
That is cencernliiR the notion of tlie
IVnnsylvnnln directors en the rpmrtcrly
dividend te be declared this afternoon.
The declaration of the extra 1 per cent
by the Norfolk nnd Western yester
dny buoyed up tlie hope of theso who
linvc been bnnklng en tlin directors te
restore the long-established 0 per cent
rate. The cempnny undoubtedly Is
sufficiently rich lu cash 'te de It, but It
Is n question for the beard te decide.
The stock opened Btrelig tit 40, or with
in H of the yenr'ti top prlcp. Later the
(liiotntlen fell back te 48, but that
In n large tnensure was due te the re re
iictieiinry condition of prartlcnlly nil
the M'eiirity iniirkcts ns n result of the
unmistaenbly ever-extent long ncceunt.
Trading In the general list durlilg (he
tnnrnliig did net rtnieunt te much. Prices
.were Irregular, hut altogether the mar
ket showed 11 senipwhnt ktcndler tone
I linn it did .yesterday. Dealing: wi're
of 11 small caliber, nnd In virtually nny
of the local stocks did the total for the
forenoon reach material proportions.
American Stores held ground better
in fact, nintlc n point gain en light
Miles.
In some of the recent (ictlve fnrerltes
I'isenlehi Issues, for Instance, the de
mand v.as found limited. Thera wns,
in censcritiencc, a further decline of n
point in the common te 70, or .lust 10
Ui
Ji
1
Ji
2
s
294
2Ji
54 'points under tlie' top prices made last
jwccl;, The preferred nlse lest 'i nt Oi).
1 I The utility groiitiiHegi'riicr wiiMflnn
' ' ly sustained, with little or no nlterntien
'a I In prices. Yerk Hallways dipped le
1 J 'JP'e. Wi"t Jersey and Heosbere shaded
1 te ',".
!l .
I.
Philadelphia Stocks'
Net
Iiv 1 P. SI. chita.
7 7 "i
IlWb
ion Am Mill'g 7
10 Am Str.s..l."t!
le4 154
1140 niee Sfnr. .ri7"-i
r.7-j Ye
- t.
!i
t Ta
1 1;
Ifift
"m,ien Mtrs 14-8 14i 14'&..
e0 Hunt .V 15
Tep 1 0 0 ..s
l.-id In Ce X A 41! 4P3 411,'.
10 I.eh Xav.. 7."i:;i 7.r'74 7"i:,'i-f- Va
(HI O Kiscnl'r 7(i 70 70 1
1KJ de prcf.. 01) I'D li i
100 Tenn Cent
Light Pf ."7 .17 fi" . .
i-'OiaVennuRll 4!) 4S;s 48vJ-i- Ji
i",i IVnna Suit S S'-' S2 . .
10 I'liiln Insut
Wire.... 40--J, 409s 40!i-'- )
10 Phllu Ce
pref.... .".,J-i .TJ-'ii f!2vi U
SO de cum pf 41! YJL 41! ";
2II.1 l'lillu Klcc V.Vi 'H-Ji .!l-i
117 de pn'f . . ;51'h .".l-'s .'iK's..
110 Phiia it t a:; :ii!. :vs .j . .
r-OtKav Cens Mi 14' I4"s..
100 Redding.. Se M S"i -4- Vj
.'1041 Tone IJelm 1 1 13.. .
If..-, Tone Mln. 2A 2,"b 2A A
14.-. I (iI....r.2U .")2 ea-f- Va
-i: W Mnry'ld l."ia 3"i 15--l
101 v .rerits. ::e n,-:', :tsi ',;
lL'e Verk Rwy HO 21) a ,'J0 i
r ;
W
"!
'I
1 '
1? '
U
!4
1'4
Ji
Y2
i'4
'i
'i
'Net chnnj-e made by cmnpnrlaen with last
,&le en New Teri: feleulc xclianve.
rilllADlllJ'HIA 1MJMIS
1-1O5O Liberty 4fh 49 '.'18
4000 Klcctrlc & Pee 4s.... lets
1IMK) l'lectric ."c I'ee 4s
2000 l'lilia Llectrii: Os
08. SI
00".
09
101
1 ; I FOREIGN EXCHANGE
New Yerk, Oct. 2i. At the opening
of the foreign exchange inaikct sterling
was steady and unchanged and fluctua
tions In the ether leaders were much
narrower than yesterday. The market
nppcarcd te be In the hands of profes
sional speculators. Francs showed a
less of n point; Belgians were un
changed; lire were down 2Vi ; Swiss
down 0; pesetas and Danish down 1.
and Swedish unchanged. Xerwaj
showed n gain of 2 pelutsnnd guilders
were up 0. Marks were unchanged.
Sterling cables wcre 4.44i.j, demand
4.441,.) ; franc cables 7.00 -s, cheeks
7.0S;U ; Belgian cables 11.31, rlici Ks
G..10U ; llre cables -1 .01 " i , ehei ks
4.0.!; Swiss cables 1S.2S. checks 18.2'1;
peseta c.ihles 15.23. checks 13.211 :
Danish cables 20.11, checks 20.00;
N'firmiT Vnbles 17 i)7. checks 17.112!
'i
194
U
Ji
7i
1J4
2!i
2 94
i
'4
ti
21
,f Swedish r.iblr 20.72. eheels "CUT!
1 J I guilder cjjbles HU.07. checks '10.02 ;
marks .,Jf,l. ReiKirts were current of
transaetlem iu marks ycstenlej ut
.O'Ji-B, but, as 11 matter of record, the
larger International bankers did net
quote under .02 H-IO.
New Verk exchange tabs unchanged
in Montreal today at n discount of "
te ri-;:2 per cent. The premium en
Canadian oxclinnge in New Yerk wu?
unchanged nt 's te 5-H2 per cent.
Central Kurepenn exchanges were
nominal and decidedly irregular. Serb
ian tiiewcl n decline of 7 points, Po
lish were down fi ; Juge-Sluvlan down
2 ; Greeks rose 0, and Rumaulun was
slightly higher. Quotations : Hill-
94
ganan. i;.i
inrian. ;.i Jtumaniun, .(lesj : Serhiun.
1.70; (iriek. 2.10; Ciseclm-SleMiklun
2
'i
1 Ji
Ji
' Ji
1"4
n.2.'la; Juge-Slnvlnn, .423; Polish,
.0085; I'lnnish. 2.'li); Austrian,
.00 1113; ; Hungarian, .0001.
TKhTEIll" s- riOSir-G CJUuIATrONH
s'cr r i ri-inei I.lre UufMers
"D--menA 1 14 7 071.1 4 Vi lid 114
Cable, 1 Hi, 7.0S LO":'-) Ut) 10
'.4 TODA1 ,S OPl.NtMl CjL'OTATION'l
'i , Kl.rllMr Frlinr-n I.lr,. Rullrlnra
.', itl.min.l 4 4 4'i 7 0h;
4 44t
7 06'
4.01
.I'i f2
I C
Jab'.es
4 441,
7.0IM4
4.0ft'i
3U 07
Raw Sugar Market Steady
w VerU. O. t i;G. Tlie rmv .u-rar piai
ket wai fulfil itcitMi and ntetuiy Willi i u-
i
-a paa ir vui.turr nu .suvi-niunr iuii..iii''nei
' n....l n, 'J. An.u mu. a.. A fHl.,1.1 .1
1
lU'llU Uh ., . .ruin, k'l ntl'l .(CIH.IL. Ull'jn I
elrc)V t" !al rollnern a-nrttntnil SO,
000 baia Cuba Rfleal, and (or Immtxllati
ehlpnicnt nn Hat 1, rials, whlln thn 1'ennHj I
1 Ji
a
ii i vanla aur Cen r any, ut I'hllailtilphta, pur-
rhakC'l is nun t.aKu I ubnn for alilpmnt (.irly
nut month at tl e wns urlra level. Arrl- ,
vale of ran. tm lui-il 4000 bnaa l'orie i
lllce-i te thn N'Rtl'n.u Hnvur Ilrflnlnn Cem-I
?a
i
1'
i' I pan-. J'1' men, rpnnr i nmrKei ia inn.iar-I
;c lately actlve ui l unrtuinL'eil at Hat p-U--
i rarglni.' frcm 0 he iti.ta te 6.I1O caiu-i, leu.
U rr cent for i l, I
i u
Liverpool Cotten
iu I JJ-rernoel, Oit. US 1 here va a fair rla-
' ' rnand ter p ' otten teJaj. but price
I were eteaily en th Iji'a of nn advance of
14 pQlntB fur mldilllni- nt II Slid. 1!id aiUa
were lU.tHJU eai(n l lie reieipia were .000
bales, none Air.irl.nn Tuturt-a weu atea.ly
In the curly i1e.timn .Huet prices vvere;
American, tnld.lllni; t.ilr, 1,', H0J, .reed mid.
illlne, 14,40.11 fully mliMllmr, HBSil; 111M.
illliiff. 14. 2"d' lev mlilillliiu 13.65d; teod
ordinary. 13.1Sd. mid eiUlnmy, r.'.Ut.!.
ttmi
three
1 Norfolk & Western Pays Extra
Norfolk nnd IVtatern Itallwav dlrectem
ileclare.l tlie reitular Quarterly illvldei.il of
iii. , ,
I ft. 70 n ahare in the ruimnnn fleck uii.l
nn extra Ulvldma of tl per elmie, both 1
I mivrIiIii JJeriniber IU te eteck of leiird
.evember i"J I
n- 1 ,
Extra Dividend by Packard Moter
li'trnll. fict. u 1. 'He l'n ' ,inl Miitur 'i'
Cimiiany hue lUilateil t uniiirlv lil.tilumi
of i'v pir r'nt nml uu intra illihleinl u"
Ji.0 1:17 044 -'11 ft rent en the .011,
rui) nil, 1 ik tub M .11 t.(
(Ji leber HO 'I'll') fi'iilllic
rent en ine eii.mun eteck beili
Mi.'k if lei-mil
ion illMilenn ui
pauheil January II I ti -1
Dividend
inrinrmi a
'11IHKK YI.KX MtiRfl Ol' IlllKKr
' '""' "s
.- -- - , j 1 1111 11 nviie 'I 1 ' u 1111 1 111 1 iHrriiiiriv iu
1" '' n"' .'r".-".V." . L"'."i. ."."SW .,re". I. ."
Imh u .-i.i .. ..... .-.. . ! --'.""- '
- . " :
cjiiif-rT te th fffect ttitet llbt-rt l MlatU for
"j tlir-e yfHrn mei of pum-r Such illtuuu lif-i-
1 tn utiu
Mmi traiid
- . - - - ...
Pretlta V, rttrful l'eralirn Nevva Hifrvlci of the I'uiiue
11,800,00-J. Lepem. "Aak. It a Habit.'' Auv.
RUincnitu iinu iini'iij' ure u pin (.1 Hih ur
Where Uncle Sam stands guard
Think of having your savings
under the supervision of the
most powerful government in
the world.
And at the same time having
them earn the high rate of 4
interest
And, tee, you enjoy the privileges
of a thoroughly efficient, up-te-date
bank combined with the
kindly interest of our officials
who welcome the saving fund
depositor large and small.
4
Interest
Allowed
en
Savings
Deposits
National Bank with a Savings Department
National
s
Bank of Commerce
713 Chestnut St.
Nathan T. Felwcll. President
Tax Exempt in Penna.
Free of Federal Income Taxes
$100,000
CITY OF PHILADELPHIA
Coupon 4 Bends
Due July 1, 1939
Price 1004 and Interest
Te Yield about 3.96
$300,000
CITY OF PITTSBURGH
City Hall Lean
Coupon 4V4 Bends
Due December 1, 1933.38
Price te Yield 4.10
Edward B.Smith & Ce
1411 Chestnut Street, Philadelphia
City of
Philadelphia
0
Due Oct. 11th, 1952
(Nen-callable)
Price: IOI&& Int.
Graham. Parsons & Ce.
435 Chestnut Street
Philadelphia
The
First National Bank
of Bosten
The leading financial institution of
New England
Foreign and domestic commercial
banking of every nature
Correspondence solicited
HORACE P. GRIFFITH & CO.
Certified Public Accountants
FINANCE BUlLDINfJ. rl.llail.lphla
lluruce
tirlilltli. C. 1,
A.
Wlllard II. Oliider,
11. i'.
A,
A.
Win.
I.aivla Mi'llei. O.
RtCIPROCAL AvfO"0'1'-"' JrHUWANCl
Mean 25 sv"nB
Penniylvania Indemnity Exchange
mm Bread Bt. It, X'inn Bau; m
Bends for Investors
Reed A. Weman & Ce.
Uemtiara of the I'Mla OtecK,,,'."".'
West aa Wtuat i'ii"!.. i''-.
TAX IIKTI'KNH Al l)IT f-itTt8
I. Franklin Heward & Ce.
Certified Public Accountant
Laud illle Jllla-.. -1un:'. 'Ji "(j:
tilludtUpuU, ft! yaahluttieu.
t I ....
'J2k
i